2024-11-15T15:14:19-06:00 2023-12-31 510229493 BARBACANE THORNTON & COMPANY LLP 503 CARR RD SUITE 100 WILMINGTON DE 19809 990 2023-01-01 471867733 LEADING YOUTH THROUGH EMPOWERMENT LEAD 3027865983 1313 MARKET STREET 110A WILMINGTON DE 198016101 ANKUR ARYA EXECUTIVE DIRECTOR 3027865983 2024-11-15 1 JEFFREY A KOWALCZYK CPA P01563311 3024788940 2024-11-15 2023 2024-10-15 13:58:12Z ANKUR ARYA 1313 MARKET STREET 110A WILMINGTON DE 198016101 1160060 0 X WWW.LYTESCHOLARS.ORG X 2014 DE THE MISSION OF LEADING YOUTH THROUGH EMPOWERMENT IS TO INCREASE ACCESS TO TOP PERFORMING HIGH SCHOOLS FOR STUDENTS FROM LOW-INCOME BACKGROUNDS IN DELAWARE THROUGH KNOWLEDGE AND LEADERSHIP. 12 12 11 68 0 0 398195 868310 228754 291750 0 0 0 0 626949 1160060 0 0 0 0 447576 597203 0 0 0 311290 237658 758866 834861 -131917 325199 424720 765297 39326 31444 385394 733853 X LYTE BELIEVES ACADEMIC SUCCESS IS FOUNDATIONAL TO LIFELONG SUCCESS. LYTE STRIVES TO CHANGE THE ACADEMIC TRAJECTORY OF UNDER-REPRESENTED YOUTH BY PREPARING MIDDLE SCHOOL STUDENTS TO ATTEND RIGOROUS HIGH SCHOOL PROGRAMS AND THEN COLLEGES, THROUGH PERSONAL MENTORING, RIGOROUS TEACHING, AND LEADERSHIP. 0 0 649183 291750 LYTE PROVIDES FIVE TIERS OF AFTER SCHOOL AND SUMMER ACADEMIC CLASSES TO PREPARE LOW-INCOME AND MINORITY STUDENTS FOR RIGOROUS HIGH SCHOOL PROGRAMS, AND COLLABORATES WITH OVER 50 SCHOOLS THROUGHOUT DELAWARE TO ADVOCATE FOR THESE STUDENTS AND CREATE ALTERNATIVE PATHWAYS FOR THEM. LYTE ASSISTS STUDENTS IN NAVIGATING THE HIGH SCHOOL CHOICE PROCESS AND TO GAIN ACCESS TO TOP HIGH SCHOOL PROGRAMS. LYTE GUIDES STUDENTS THROUGH HIGH SCHOOL WITH TRANSITION SUPPORT, ACADEMIC TUTORING, PROFESSIONAL DEVELOPMENT, SOCIO-EMOTIONAL TRAINING, INTERNSHIP OPPORTUNITIES AND ADVOCACY. ALMOST ALL LYTE SCHOLARS WILL BE THE FIRST-GENERATION TO ATTEND COLLEGE IN THEIR FAMILIES, AND LYTE WORKS WITH THEM AND THEIR PARENTS TO GUIDE THEM THROUGH THE COLLEGE ADMISSIONS AND FINANCIAL AID PROCESSES. 649183 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 104 0 1 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 X THE ORGANIZATION 3027865983 1313 MARKET STREET 110A WILMINGTON DE 198016101 LISA LESSNER PRESIDENT 3.00 X X 0 0 0 ZACH BEATTIE VICE PRESIDENT 3.00 X X 0 0 0 ARATI KOHLI SECRETARY 3.00 X X 0 0 0 CLINT WALKER TREASURER 3.00 X X 0 0 0 PILAR KRAMAN BOARD MEMBER 1.00 X 0 0 0 RACHEL HARAD BOARD MEMBER 1.00 X 0 0 0 TAMARA DEFER BOARD MEMBER 1.00 X 0 0 0 BENESSA REID BOARD MEMBER 1.00 X 0 0 0 JEANANA LLOYD BOARD MEMBER 1.00 X 0 0 0 KATHRYN A PINCUS BOARD MEMBER 1.00 X 0 0 0 ROSSANA ARTEAGA-LOPENZA BOARD MEMBER 1.00 X 0 0 0 MOLLY MCPHEETE BOARD MEMBER 1.00 X 0 0 0 ANKUR ARYA EXECUTIVE DIRECTOR 40.00 X 92834 0 14508 92834 0 14508 0 0 0 0 0 868310 868310 SCHOOL PROGRAM 611710 291750 291750 291750 1160060 291750 0 0 X 107342 76213 31129 445260 316134 129126 44601 19178 25423 6875 6875 129643 129643 5075 5075 8229 8229 5723 5723 1800 1800 PROGRAM SUPPLIES 55392 55392 TUITION 13146 13146 MISCELLANEOUS 10945 10945 SUBSCRIPTIONS 830 830 834861 649183 185678 0 259768 576822 164952 188475 424720 765297 16888 11728 22438 19716 39326 31444 X 385394 733853 385394 733853 424720 765297 325199 23260 0 X 0 0 0 X 173006 160341 824632 398195 868310 2424484 173006 160341 824632 398195 868310 2424484 1134060 1290424 2424484 520504 0.53220 0.57190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DELAWARE COMMUNITY FOUNDATION 188475 F 188475 FLII STIPEND DEPOSIT 19716 19716 X 1183320 23260 23260 1160060 0 1160060 834861 0 834861 0 834861 PART X, LINE 2: NO PROVISION HAS BEEN MADE FOR INCOME TAXES SINCE THE ORGANIZATION HAS QUALIFIED AS A TAX-EXEMPT ORGANIZATION UNDER THE INTERNAL REVENUE CODE, SECTION 501(C)(3), AND ITS ACTIVITIES DO NOT RESULT IN ANY INCOME TAX LIABILITY. THE ORGANIZATION RECOGNIZES THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION IF IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION IN THE FINANCIAL STATEMENTS. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE ORGANIZATION'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE ORGANIZATION WILL NOT BE SUBJECT TO ADDITIONAL TAX PENALTIES AND INTEREST AS A RESULT OF SUCH CHALLENGE. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES ARE CURRENTLY AUTHORIZED TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT BEFORE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 15 CONSIDERATION OF COMPENSATION FOR THE EXECUTIVE DIRECTOR AND OTHER EMPLOYEES INCLUDED A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION FOR POSITIONS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 129643. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 129643.